Summary
- "US regulators are reportedly trying to remove traces of cryptocurrency regulation from the Biden administration."
- "There is growing expectation that the enactment of congressional cryptocurrency regulation law will bring clarity to cryptocurrency regulation in the US."
- "The meeting of the cryptocurrency task force, which includes the US Securities and Exchange Commission (SEC), is drawing attention from experts."
On the 20th (local time), according to the cryptocurrency-focused media outlet CoinDesk, it was revealed that US regulators are accelerating efforts to erase regulatory traces from the Biden administration before the enactment of the congressional cryptocurrency regulation law.
The media stated, "There is growing expectation that legislative progress in Congress will finally bring clarity to cryptocurrency regulation in the US," and "financial supervisory agencies are moving quickly to make meaningful changes."
It continued, "In particular, interim heads (acting directors) of banking and securities regulatory agencies are erasing traces of policies and enforcement actions used to suppress the digital asset industry during the previous administration," adding, "Many experts are watching the US Securities and Exchange Commission (SEC) cryptocurrency task force roundtable meeting scheduled for the 22nd."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
